Sell your Proclamation Coins. 

Proclamation coins were the result of a shortage of coinage in the early colony of New South Wales and a growing population that required a structured currency.

Proclamation Coins were established by Governor Macquarie in late 1800. They are always collectable and coins we regularly trade-in. 

How To Sell Your Proclamation Coins

One of the most difficult things to do is to sell a coin collection and reap the maximum return out of it.

When selling rare coins, it can be difficult to know where to turn You might have a Johanna or Half-Johanna, an uncirculated Cartwheel Penny or an 8 Reales that you’d like to sell.

Proclamation Coins We Buy

The following list contains the Proclamations coin we buy and the countries they originated from.

United Kingdom Coins We Buy

Farthings, Half Pennies Cartwheel Pennies, sixpences and Spade Guineas.

East-India Company Coins We Buy

Rupee, Mohur, Pagoda, Pagoda.

Portuguese Coins We Buy

Johanna, Half Johanna, 4 Escudos.

Spanish Coins We Buy

Eight Reales Netherlands Coins We Buy. Ducat, Glider. 

Sell At Auction

One option you have when selling valuable and rare Proclamtion coins is to sell at auction. 

The costs associated with auctions are insertion fees which can be 10%, and the hammer fee that the buyer pays which is often 22%.

If your treasured collection of Proclmation Coins sells for $50,000 at auction, you will likely only receive $45,000. Additionally, the true retail value of those coins would be over $60,000 buyers factor in hammer fee.

Auctions also leave the potential for low-price realisations. The auction house does not have an equity stake in the item and their priority is that the coin sells in order to achieve a commission.

It is not unfair to say that their primary motivation is to sell the coin, not maximise its price. .

Lastly, there is always the potential for the item at auction not to sell if you insist that the starting price not be too low. It is a common occurrence that items such as star banknotes and gold sovereigns pass at auction due to the starting bid being too high.

Sell To A Coin Dealer

The other option is to sell your Proclmation coins directly to a coin dealer. 

We are always buying numismatic rarities.The benefits of selling to a reputable coin dealer are that we will buy the complete collection and you will not have to wait for an auction to occur.

We are also able to be extremely competitive with what we pay. This is possible due to having a customer base for these products and no insertion fees or hammer fees.

Recenly, we helped liquidate the remaining elements of an old Sydney collection after poor results at auction.

We calculated that the vendor would have been 20-25% better off selling to us directly.

Lastly, we provide estimates based on previous sales history that we happily share as part of the purchasing phase. We can also provide the tools to do your own research to verify our valuation.

Get in Touch Now 

If you'd like to get in contact with to explore the possibility of selling your coin collection through us, please get in touch via our contact page below or call us directly.